# SECURITY BANK
MIDLAND, TX · FDIC certificate 13408 · asset band $300M-1B · latest filing 2019-12 · stopped filing (departed)

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $934.8M | |
| Deposits | $796.8M | |
| Loans and leases | $508.6M | |
| Total equity | $132.0M | |
| Loans / deposits | 62.55% (p12 of band) | 85.34% |
| Liquid assets / assets | 39.36% (p85 of band) | |
| Uninsured deposits / deposits | 42.10% (p91 of band) | 22.41% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p10 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 11.45% (p65 of band) | 10.60% |
| Unrealized securities loss / equity | -0.44% (p10 of band) | 0.73% |
| AOCI / equity | 1.59% (p42 of band) | |
| ROA (annualized) | 2.45% (p97 of band) | 1.13% |
| Net interest margin | 5.22% (p97 of band) | 3.74% |
| Efficiency ratio | 58.64% (p26 of band) | |
| Noncurrent loans | 0.16% (p22 of band) | 0.54% |
| Net charge-offs (annualized) | 0.01% (p35 of band) | |
| Reserve coverage of noncurrent | 1214.25% | |
| Real estate % of loans | 58% | |
| Construction % of loans | 35.41% (p46 of band) | |
| Auto loans | $651,000 (0.13% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 7.0% | |
| Employees | 175 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 0 |  |  |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 0 |  | capital falling |
| 2012-06 | 0 |  |  |
| 2012-09 | 0 |  |  |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 0 |  |  |
| 2013-12 | 0 |  |  |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 1 | capital falling |  |
| 2014-12 | 1 |  |  |
| 2015-03 | 0 |  | capital falling |
| 2015-06 | 0 |  |  |
| 2015-09 | 2 | deposits shrinking, assets shrinking |  |
| 2015-12 | 3 | reserve under noncurrent |  |
| 2016-03 | 3 | charge-offs p90 | reserve under noncurrent |
| 2016-06 | 5 | noncurrent p90, reserve under noncurrent |  |
| 2016-09 | 5 |  |  |
| 2016-12 | 5 |  |  |
| 2017-03 | 4 |  | charge-offs p90 |
| 2017-06 | 3 | charge-offs p90 | noncurrent p90, reserve under noncurrent |
| 2017-09 | 2 | noncurrent p90 | deposits shrinking, assets shrinking |
| 2017-12 | 1 |  | noncurrent p90 |
| 2018-03 | 0 |  | charge-offs p90 |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | capital falling |  |
| 2018-12 | 0 |  | capital falling |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | capital falling |  |
| 2019-09 | 0 |  | capital falling |
| 2019-12 | 0 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-06-14 [Security Bank of Texas focuses on small business growth in Harker Heights - The Killeen Daily Herald](https://news.google.com/rss/articles/CBMi5wFBVV95cUxOWEdIQi1JcmFPYi1OWDZ5RFA2bEI3WmhocW1qUTBzSlpvTEhBcTFhaERCX3hESmk4UXd6T2d4cklzV3hsVkNIYUFkQTZtTjQ1b012TVhUUnJVME1tRF9PaEpaaHJOTDZHdTRtRlAxN1lOUE9mT0FtM011OXFwR0VoblhYUGVCZmZuWVoyenJpVjZ4bmsyckFiS0s0MEpSaF9rRC02dE1CUzBkejBHSklhRTBHYXc1QmdLMzJrakNMTGM3WUJoNktuYWJqbmJCMkNGNVNQNHlyaDAwZjBGR0djckxTaE44ckk?oc=5) · The Killeen Daily Herald
- 2026-03-19 [Here are the Kansas City area’s five strongest large banks - The Business Journals](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQZ2tqN3hEUm41SS0yQk5hUUZUbWhsSHBVeXFuQV90dXZxWk9EaWtCTG1rQWtzRGkzWnZScFJKMGFuMmNhUlNkYThUdlJPS3V0WmhJMy1CYjAyZzcwRmo4X2NDOFpKdXItdmVRdHh2VkxrRHlVR2d4bVhOOS1HQklGUE9sQmM1M3FQeTJxQXJMcUVWMFJQRDZwWnIwZmZwbWppLWZHRUpSb3hwbFE?oc=5) · The Business Journals
- 2026-02-18 [List Of Failed Banks: 2009-2026 - Bankrate](https://news.google.com/rss/articles/CBMiZEFVX3lxTFAtbi1TaWMteGEyOHdQbnlXd0tPRzM2WFJQZjdPdzViQTZFLVVHODJRTEdqRWhnMkxIOG5xMUVSWU5iNHZSbVpnQ2Z4TWdiMDVwN2NTdUNGd3dXZ2tGcGZ2VWVJRnM?oc=5) · Bankrate
- 2023-04-17 [Texas Security Bank expands with new Southlake location - Fort Worth Report](https://news.google.com/rss/articles/CBMimwFBVV95cUxNUDhTSzcyejAxMmRzRGR6Mkpqb3U2V3l6aWtsRmRCQWZMSHlsM1dGZjVGOEpNTUkzaUNrTXpZbHFFOGJ4SEMxY1VTci1NWDFhMHV6QUdQNkRwTWd3NWRtVks2NE1SQm8xSjVoZzlJRk9TYTFCU2JUSFNpakNIOVU5NndFMnFVY0YtR3lIUXF4RUtaX29XSnNtM1FHTQ?oc=5) · Fort Worth Report
- 2025-02-11 [Spotlight On: Craig Scheef, Founder, Chairman & CEO, Texas Security Bank - Capital Analytics Associates](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQWXN0TUhsa0FtWUp5RGdoVi1WZTlvQkRDS01CY3NyR0VZSlRIZDlKX2hlNHRGc2V2REF2eFRjVHVHUzJKaUtPNFhkb1B0Z3RqWElLYWg2cFA5LXZZVmszdzk1NUxlbFhJTUxwb3lzZkg0UWFRclNYZ2dHV29IUWlfR21uMFo0OWV1RlJyMkJJSEdfTzdfYmxnaGZZay1GMXFnWXl3M0Z2czlQUQ?oc=5) · Capital Analytics Associates
- 2024-01-24 [Fayetteville leader David Russell to retire from First Security Bank - Talk Business & Politics](https://news.google.com/rss/articles/CBMipAFBVV95cUxNYjRKX1FWU2tCUS1XMVQ0c0Mwd1Z0RDVVQVZTQjBhYTMtcnhRSHBhMlZZSU01c1pXMTZPckVxYjIxcDJTcEV1ejJONUtOX1d0bDdWaGpkVURUWVlPVzBQcmlRN3o3X2lWaFZHTTEzYkZodHdwb2h5TGU3Uk8yYTdGX2JQbWRLa0lBYnlWWjYtWVNhZ1YxR0pxSVBhSTR0Q0o3MmN0Sg?oc=5) · Talk Business & Politics
- 2022-07-22 [Craig Scheef of Texas Security Bank: Five Things I Wish Someone Told Me Before I Became A CEO - Medium](https://news.google.com/rss/articles/CBMi2wFBVV95cUxOV1hmR3BMbWNWRTkzRnZZUVE0WlNTTnZfSFktQ19GanhDU0ZmcWJTc2IwWXQ0WXUyOHFyZHRNMzVDV3J5d0UyZTZOLWhvMkhCVmFvVG0wemo1NVg2MHp6UkRFOUowYnk1QWpxSWdVenBHMy1MenR1UVJ2SHNEQ0t6TjNIdGx5WHlqRVhmZzFEZnh2elU0WVNLRVRKdk5kUXowanRBUjRSMHZsUHFpZUd3TktjQUlFWkF4bVJTakstME5LUDk4a3cwTjQ2OF9PSUlBSHE5V3J3MVJiUlE?oc=5) · Medium
- 2022-03-22 [Coffee With: Craig Scheef, CEO of Texas Security Bank - D Magazine](https://news.google.com/rss/articles/CBMipgFBVV95cUxOdXl0Wm4xX285WUo1NjJWOHZ0cGV0eVFORkVnbXBHTDlNcUZIVzJvd0RUWUNULVJIUGhfLXlVZDlSeWRYbnUzeWRkT016Q1RUZGJwOHFLckpmcnZjWUkxdFRFZ2kxVWp3b1NodDBhV0x0dFN2RmpJUWljZzdGSlM1TzI0bXpvSkdfQW1kMloyYkpwQ2FWZnZUOG4yMzRuTVN0bms3TGZB?oc=5) · D Magazine

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=13408 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/32.json (key "13408", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide